LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 7, 1997 TO: Honorable Steve Holzheauser, Chair IN RE: Senate Bill No. 1906, As Engrossed Committee on Energy Resources By: Ratliff House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1906 ( Relating to the administration of oil overcharge funds.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1906-As Engrossed No significant fiscal implication to the State is anticipated. FISCAL ANALYSIS The bill would amend or repeal several sections in Chapter 2305 of the Government Code. These changes relate to the administration of oil overcharge-related programs and funds. The bill would require the state energy office to ensure that the minimum size of the Loanstar program be $95 million, consisting of cash on hand and loan commitments. This provision would not have a significant impact on state funds because the Loanstar program receives funding from oil overcharge settlement allocations by the federal government, plus loan repayments. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,BB ,RR ,RN